The Term ‘small Business Funding’ Takes On A Whole New Meaning

Jan. 15, 2009 - PRLog -- If you have ever tried to get funding for a small business, you will know what we are speaking about. Though we talk about a liberalized economy and funding being available freely all over the country, it is not actually so, as anyone who has tried starting a business will agree. Yes, funding is available, but provided you have an impeccable credit record and a collateral that exceeds the funded amount several times.

However, all of that is set to change, with Powerful Credit – a whole new way of small business funding. The concept behind the company is so fundamentally simple – it is brilliant!

The company promises to raise up to $360,000 in a year, without any personal credit tie up, or even a personal guarantor. When you look to start a new business, the biggest challenge that you face will be getting credit from stores to get started. Powerful Credit’s first round of funding is $20,000 of vendor credit, from America’s biggest brand names. The second phase of funding happens in 6 months when $60,000 is released, third round at month ten, when $80,000 is added, and finally at 13 months when up to $200,000 is released. According to industry experts, this phased funding is a brilliant thought, as it virtually eliminates funding capital misuse, which is the bane of a majority of the small start ups in the country.

There is another plan of corporate credit which the company has launched, which includes a Lamborghini car too!!

The fees charged by Powerful Credit can be as low as $2,250 depending on the plan you go in for. Now, is this the change that we have all been waiting for in the world of corporate credit in America? We spoke to a company spokesperson, and he mentioned that the response which Powerful Credit has elicited from the business community has been overwhelming. Thousands of people who were looking for small business funding and got rejected from the banks and other major lending organizations have now turned to Powerful Credit, primarily since it does not require an existing line of credit and no guarantors are required.

If you are looking to get started in business for yourself, you should certainly give Powerful Credit a look over. Log on to www.powerfulcredit.com; or call (800) 599 8260.